SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

LIQUIDITY SERVICES INC

(Name of Issuer)

Common Stock

(Title of Class of Securities)

53635B107

(CUSIP Number)

03/31/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP Number(s):

53635B107

Names of Reporting Persons

STALEY CAPITAL ADVISERS INC

Check the appropriate box if a member of a Group (see instructions)

(a)

(b)

Sec Use Only

Citizenship or Place of Organization

PENNSYLVANIA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 539,355.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 539,355.00
8	Shared Dispositive Power 0.00

Aggregate Amount Beneficially Owned by Each Reporting Person

539,355.00

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

Checkbox not checked

Percent of class represented by amount in row (9)

1.7 %

Type of Reporting Person (See Instructions)

SCHEDULE 13G

CUSIP Number(s):

53635B107

Names of Reporting Persons

John A. Staley, IV.

Check the appropriate box if a member of a Group (see instructions)

(a)

(b)

Sec Use Only

Citizenship or Place of Organization

PENNSYLVANIA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 539,355.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 539,355.00
8	Shared Dispositive Power 0.00

Aggregate Amount Beneficially Owned by Each Reporting Person

539,355.00

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

Checkbox not checked

Percent of class represented by amount in row (9)

1.7 %

Type of Reporting Person (See Instructions)

SCHEDULE 13G

CUSIP Number(s):

53635B107

Names of Reporting Persons

William F. Stotz

Check the appropriate box if a member of a Group (see instructions)

(a)

(b)

Sec Use Only

Citizenship or Place of Organization

PENNSYLVANIA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 565,555.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 565,555.00
8	Shared Dispositive Power 0.00

Aggregate Amount Beneficially Owned by Each Reporting Person

565,555.00

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

Checkbox not checked

Percent of class represented by amount in row (9)

1.8 %

Type of Reporting Person (See Instructions)

SCHEDULE 13G

CUSIP Number(s):

53635B107

Names of Reporting Persons

James D. Roberge

Check the appropriate box if a member of a Group (see instructions)

(a)

(b)

Sec Use Only

Citizenship or Place of Organization

PENNSYLVANIA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 658,355.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 658,355.00
8	Shared Dispositive Power 0.00

Aggregate Amount Beneficially Owned by Each Reporting Person

658,355.00

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

Checkbox not checked

Percent of class represented by amount in row (9)

2.1 %

Type of Reporting Person (See Instructions)

SCHEDULE 13G

CUSIP Number(s):

53635B107

Names of Reporting Persons

Brian M. McInerney

Check the appropriate box if a member of a Group (see instructions)

(a)

(b)

Sec Use Only

Citizenship or Place of Organization

PENNSYLVANIA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 539,555.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 539,555.00
8	Shared Dispositive Power 0.00

Aggregate Amount Beneficially Owned by Each Reporting Person

539,555.00

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

Checkbox not checked

Percent of class represented by amount in row (9)

1.7 %

Type of Reporting Person (See Instructions)

SCHEDULE 13G

CUSIP Number(s):

53635B107

Names of Reporting Persons

Andrew J. Roberge

Check the appropriate box if a member of a Group (see instructions)

(a)

(b)

Sec Use Only

Citizenship or Place of Organization

PENNSYLVANIA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 548,365.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 548,365.00
8	Shared Dispositive Power 0.00

Aggregate Amount Beneficially Owned by Each Reporting Person

548,365.00

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

Checkbox not checked

Percent of class represented by amount in row (9)

1.8 %

Type of Reporting Person (See Instructions)

SCHEDULE 13G

Item 1.

(a)

Name of issuer:

LIQUIDITY SERVICES INC

(b)

Address of issuer's principal executive offices:

6931 ARLINGTON ROAD, SUITE 460, BETHESDA, MARYLAND, 20814

Item 2.

(a)

Name of person filing:

This statement is jointly filed by the following parties, collectively, "Reporting Persons": Staley Capital Advisers, Inc. a Pennsylvania corporation and registered investment adviser Mr. John A. Staley IV, Founding Partner Mr. William F. Stotz, Managing Director Mr. James D. Roberge, Chief Investment Officer Mr. Brian M. McInerney, President Mr. Andrew J. Roberge, Managing Director

(b)

Address or principal business office or, if none, residence:

The principal business address for the Reporting Persons is: One Oxford Centre, Suite 3950, Pittsburgh, PA 15219

(c)

Citizenship:

United States of America

(d)

Title of class of securities:

Common Stock

(e)

CUSIP Number(s):

53635B107

Item 3.

If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

(a)

Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);

(b)

Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);

(c)

Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);

(d)

Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);

(e)

An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);

(f)

An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);

(g)

A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);

(h)

A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

(i)

A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);

(j)

A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:

(k)

Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).

Item 4.

Ownership

(a)

Amount beneficially owned:

The ownership information contained in each Reporting Person's cover page to this Schedule 13G/A is incorporated by reference into this Item 4. Such information is based upon 31,013,881 shares issued and outstanding as of February 2, 2026, as reported by the Issuer in its Form 10-Q filed with the Securities and Exchange Commission on February 5, 2026.

(b)

Percent of class:

The information contained in each Reporting Person's cover page to this Schedule 13G/A is incorporated by reference into this Item 4.

(c)

Number of shares as to which the person has:

(i) Sole power to vote or to direct the vote:

The information required by Item 4(c)(i-iv) is set forth in Rows 5-8 of the Cover Page for each of the Reporting Person and is incorporated herein by reference.

(ii) Shared power to vote or to direct the vote:

The information required by Item 4(c)(i-iv) is set forth in Rows 5-8 of the Cover Page for each of the Reporting Persons and is incorporated herein by reference.

(iii) Sole power to dispose or to direct the disposition of:

The information required by Item 4(c)(i-iv) is set forth in Rows 5-8 of the Cover Page for each of the Reporting Persons and is incorporated herein by reference.

(iv) Shared power to dispose or to direct the disposition of:

The information required by Item 4(c)(i-iv) is set forth in Rows 5-8 of the Cover Page for each of the Reporting Persons and is incorporated herein by reference.

Item 5.

Ownership of 5 Percent or Less of a Class.

Ownership of 5 percent or less of a class

Item 6.

Ownership of more than 5 Percent on Behalf of Another Person.

Not Applicable

Item 7.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.

Not Applicable

Item 8.

Identification and Classification of Members of the Group.

Not Applicable

Item 9.

Notice of Dissolution of Group.

Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

STALEY CAPITAL ADVISERS INC

Signature:	Brian M. McInerney
Name/Title:	President
Date:	05/14/2026

John A. Staley, IV.

Signature:	John A. Staley, IV
Name/Title:	Founding Partner
Date:	05/14/2026

William F. Stotz

Signature:	William F. Stotz
Name/Title:	Managing Director
Date:	05/14/2026

James D. Roberge

Signature:	James D. Roberge
Name/Title:	Chief Investment Officer
Date:	05/14/2026

Brian M. McInerney

Signature:	Brian M. McInerney
Name/Title:	President
Date:	05/14/2026

Andrew J. Roberge

Signature:	Andrew J. Roberge
Name/Title:	Managing Director
Date:	05/14/2026

SEC Form SCHEDULE 13G filed by Liquidity Services Inc.